InvestorsHub Logo
Followers 129
Posts 5087
Boards Moderated 1
Alias Born 04/10/2008

Re: chemist72 post# 35155

Tuesday, 05/21/2019 4:17:57 PM

Tuesday, May 21, 2019 4:17:57 PM

Post# of 37346
The Craftsman licensing rights were part of the $5.2 billion dollar takeover by Eddie Lampert.

Stanley (who also owns Black & Decker) paid about $900 million for the craftsman brand in March 2017, while giving Sears what it called a "limited" license to sell some Craftsman products.

A few months back Stanley sued Eddies' new Sears over what it called a breach of contract. The case is Stanley Black & Decker Inc v Transform Holdco LLC, U.S. District Court, Southern District of New York, No. 19-02081.



“The heart is the first thing that wanders away from God, and it is also the first thing that returns to God.” ~ Charles Bridges 1794 ~ 1869

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.